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India’s Chief Economic Advisor Advocates for Crypto Innovation and Transparency

Advocating for Crypto Innovation: During the Global Economic Policy Forum 2024, V. Anantha Nageswaran emphasized that India’s regulatory framework should stimulate innovation in cryptocurrency. He urged that regulations should evolve to support the growth of Bitcoin while addressing socio-economic challenges facing low-income populations.

Importance of Regulatory Transparency: Nageswaran highlighted the necessity of transparency in regulatory practices, especially in fast-evolving sectors like cryptocurrency and online gaming. He stressed that regulatory bodies should apply the same accountability standards they demand from the entities they oversee, ensuring an equilibrium between innovation and societal benefits.

This is community-generated content, not advice from ONUS.
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